https://www.taxtmi.com/caselaws?id=403911 Section 138 of the Negotiable Instruments Act requires a legally enforceable debt, issuance of a cheque in discharge of that debt, and dishonour for insufficiency of funds; the text states that liability attached only to the person who issued the bounced cheque. Section 141 extends responsibility to persons in charge of a company at the time of the offence, but the petitioner's reliance on that provision was found untenable because the cheque was issued by the second respondent and there was no legal basis to continue proceedings against the first respondent. The petition was dismissed as lacking merit. en-us Wed, 03 Feb 2021 00:00:00 +0530 Thu, 11 Feb 2021 06:02:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403911 Section 138 of the Negotiable Instruments Act requires a legally enforceable debt, issuance of a cheque in discharge of that debt, and dishonour for insufficiency of funds; the text states that liability attached only to the person who issued the bounced cheque. Section 141 extends responsibility to persons in charge of a company at the time of the offence, but the petitioner's reliance on that provision was found untenable because the cheque was issued by the second respondent and there was no legal basis to continue proceedings against the first respondent. The petition was dismissed as lacking merit. Case-Laws Indian Laws Wed, 03 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403911